If you’re interested in buying or selling a luxury home in the near future, it’s always good to be aware of market trends and interesting facts. That’s why we’ve compiled a short list of 5 facts that might help you if you’re invested in the luxury home market, or are looking to be.
1. The Median Price of a Home of Luxury Design? $1.44 million
While the median price is quite high, the average price of a luxury home with modern elements is less, falling at $975,000. That means that the curve jumps as homes get higher and higher priced, but you will be able to find a home suited to your budget if you don’t have a million and a half lying around.
2. Most Luxury Homes Are Sold At Less Than 220 Days On The Market
Despite stories of never being able to sell a high-priced luxury home, such as one with a whole home makeover and kitchen remodeling (in other words, Continue Reading
Looking at homes for sale can be a long and drawn out process and finding the right property is cited as the most difficult part of looking at homes for sale and ultimately buying a home, according the National Association of Realtors. However, there are a number of ways to make the home buying process as smooth and easy going as possible, and looking at homes for sale can become an enjoyable process instead of an emotionally and physically taxing one.
First, you should know where you want to live. For example, many people who have recently tired are looking at homes for sale in warmer climates, such as Florida. Florida is an ideal choice for many different types of people, as it has nearly two thousand miles of coastline and more than one thousand miles of sand beaches. These two factors cause as many as one thousand people to take up permanent or even temporary residences in Florida every single day and are certainly enticing to a wide variety of people, providing both bliss an Continue Reading